Articles by Bimal Jain

Changes in service tax from 1st April 2015

Bimal Jain 01 April 2015 at 16:33

New Service tax rate of 14% is not effective immediately and shall come into effect only from a date to be notified later:The Union Budget, 2015 has proposed an increase in the rate of Service tax from 12.36% to flat 14% with abolishment of Education

Impact of Change of Service tax liability structure from partial reverse charge

Bimal Jain 28 March 2015 at 15:53

Impact of Change of Service tax liability structure from partial reverse charge to full reverse charge on manpower Supply and Security Services in transition periodAs Notification No. 30/2012-ST dated 20-06-2012 has been amended vide Notification No.

Post Budget 2015 Memorandum - Key concerns on Union Budget 2015

Bimal Jain 17 March 2015 at 10:36

ISSUES FOR AMENDMENTS OR CLARIFICATION BY THE CBEC UNION BUDGET 2015 Amidst huge expectations, the Honble Finance Minister Shri. Arun Jaitley presented the first full-year Union Budget of the Honble Prime Minister Shri. Narendra

Union Budget 2015: Key Changes in Indirect Taxes - Service Tax, Excise and Customs

Bimal Jain 02 March 2015 at 12:15

Amidst huge expectations, the Honble Finance Minister Shri. Arun Jaitley presented the first full-year Budget of the Honble Prime Minister Shri. Narendra Modi's Government on February 28, 2015, Saturday in the backdrop of easing inf

Over 8% growth in 2015-16: Key Highlights of the Economic Survey 2015

Bimal Jain 28 February 2015 at 12:20

Dear Professional Colleague, Over 8% growth in 2015-16: Key Highlights of the Economic Survey 2015 Ahead of the Union Budget 2015, the Hon'ble Finance Minister Shri Arun Jaitley tabled today Economic Survey Report 2015 in the Parliament, outlini

Non-Authorised service station is not liable to pay Service tax

Bimal Jain 19 February 2015 at 10:48

Dear Professional Colleague,Non-Authorised service station is not liable to pay Service tax on Maintenance or Repair of any part of motor vehicle SC dismissed SLP filed by the DepartmentWe are sharing with you an important judgm

SC discontinue practice of printing hard copies of judgments

Bimal Jain 27 January 2015 at 11:17

The Honble Supreme Court vide Circular F. No. 4/SG/2015 dated January 21, 2015 has decided to discontinue the practice of printing and rolling out hard copies of Judgments by the Editorial Branch of the Registry for contingent/miscellaneous re

Third report of TARC

Bimal Jain 24 December 2014 at 12:28

THIRD REPORT OF TAXADMINISTRATION REFORMCOMMISSION (TARC) The Government had constituted Tax Administration Reform Commission (the TARC) headed by Dr. Parthasarathi Shome, on August, 2013, to suggest core reforms to the tax administrati

The Commissioner (Appeals) has no option to adjudicate maintainability of appeal

Bimal Jain 22 December 2014 at 11:01

Dear Professional Colleague,The Commissioner (Appeals) has no option to adjudicate maintainability of appeal when the Honble High Court dismissed the Writ Petition filed on the ground that alternate remedy is available We are sharing with you

Salient features of GST Constitutional Amendment Bill

Bimal Jain 20 December 2014 at 13:51

Seeking to create a seamless and common market for Goods and Services across the Country, Finance Minister Mr. Arun Jaitley presented the Constitution (122nd Amendment) Bill, 2014 on Goods and Services Tax (GST) in Lok Sabha on Friday,